DTE Q1 2022 Earnings — DTE Energy Company Revenue & Financial Results | Market Cap Arena

DTEDTE Energy Company

$31B

Q1 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$4.6B+27.8% YoY

Gross Profit

$1.0B22.7% margin

Operating Income

$558M12.2% margin

Net Income

$394M8.6% margin

EPS (Diluted)

$2.03

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$808M

Free Cash Flow

$44M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$40.4B

Total Liabilities

$31.5B

Stockholders' Equity

$8.9B

Cash & Equivalents

$150M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.6B	$3.6B	+27.8%
Gross Profit	$1.0B	$875M	+18.7%
Operating Income	$558M	$433M	+28.9%
Net Income	$394M	$397M	-0.8%

Revenue Segments

Energy Trading

$2.2B92%

DTE Vantage

$179M7%

Electric

$4M0%

Gas

$2M0%